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The abrupt collapse of real estate mortgage values beginning in 2008 lead to a five-year worldwide recession. This near failure of the banking system substantially increased the public's awareness about the importance of understanding what an appraiser thinks or does. Written from the point of view of the appraiser and based on real-life experiences, this book shares insights valuable to industry experts as well as the tens of thousands of people who find themselves in court because the value of something is an issue. Most of author Hank Wise's work has been as an expert witness in civil cases…mehr

Produktbeschreibung
The abrupt collapse of real estate mortgage values beginning in 2008 lead to a five-year worldwide recession. This near failure of the banking system substantially increased the public's awareness about the importance of understanding what an appraiser thinks or does. Written from the point of view of the appraiser and based on real-life experiences, this book shares insights valuable to industry experts as well as the tens of thousands of people who find themselves in court because the value of something is an issue. Most of author Hank Wise's work has been as an expert witness in civil cases wherein the critical issue to be decided is 'what is it worth?' His clients include the U.S. Department of Justice, states, cities, counties, and many national and regional law firms. He appraised the Everglades and Big Cypress, tourist attraction caves, wells, mountains, air rights, mineral rights, even when all parties agreed that there were no minerals, as well as the usual panoply of shopping centres, apartments, office buildings and other commercial real estate properties. It's Only An Opinion: An Appraiser in Court uses interesting and unusual cases to illustrate the appraisal process and the reasoning that makes an appraisal credible.
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Autorenporträt
Mr. Wise has a MA degree in Political Science from Emory University, a MS degree in Economics and a Graduate Certificate in Real Estate from Georgia State University. He has been an instructor at the University of North Carolina at Charlotte, The University of West Georgia and Georgia State University. He is designated as a MAI by the Appraisal Institute and a CBA (Certified Business Appraiser) by the Institute of Business Appraisers. He served as President of the Atlanta Chapter of the Appraisal Institute in 2007, and on several regional and national committees. He was admitted as a Counselor of Real Estate in 2004. His articles in professional journals include: Chapter 17 "The Appraiser in the Workout Process: What Is Your Property Worth Today," The Real Estate Workout Desk Book; Howard Z. Zuckermen, Ed., Probus Publishing, Chicago, 1992. Journal of Applied Real Estate Research, Vol. 1, No. 1, GSU Press, "Valuing Land In The Floodplain" Valuation Insights & Perspectives, Vol. 5, No. 2, The Appraisal Institute, "The IRS's New Alternative Dispute Resolution Mediation Process." Georgia Eminent Domain Trial Practice, Program Materials 2001-2003; "The Business and Real Estate Appraisal From The Point Of View Of A Forensic Appraiser, 1/25/01, The Appraisal Journal, The Appraisal Institute, Chicago: "Appraising Interesting Holes In The Ground", Spring, 2009 Valuation Review, October Research, LLC: "The Value Of A Messy Business", September 24, 2012, Volume 11, No. 10